Spotify Technology Management
Management criteria checks 3/4
Spotify Technology's CEO is Daniel Ek, appointed in Jan 2006, has a tenure of 18.42 years. directly owns 6.77% of the company’s shares, worth $4.28B. The average tenure of the management team and the board of directors is 4.8 years and 7 years respectively.
Key information
Daniel Ek
Chief executive officer
€1.3m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 18.4yrs |
| CEO ownership | 6.8% |
| Management average tenure | 4.8yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
Estimating The Fair Value Of Spotify Technology S.A. (NYSE:SPOT)
Jun 20
Spotify: Price Increases Are Helping To Mask Weaker User Growth
Jun 07Spotify Technology (NYSE:SPOT) Might Have The Makings Of A Multi-Bagger
Jun 04Is Spotify Technology (NYSE:SPOT) Using Too Much Debt?
May 21Baron Fund - Spotify Technology: A Long-Term Winner In Music Streaming
May 16Spotify Technology S.A.'s (NYSE:SPOT) Popularity With Investors Is Clear
May 06Spotify: Bet On This 'Forever-Subscription' Company
May 06Spotify: Firing On All Cylinders, Initiating Stock With 'Strong Buy'
Apr 24Spotify: Expansion Success Is Largely Priced In
Apr 17Spotify Technology: My Top Recommendation For Potentially Explosive Upside
Apr 03Spotify's Faceoff With YouTube Is Intriguing, But A Sanity Check Is Due
Mar 21Wall Street Lunch: Spotify To Introduce Music Videos
Mar 13Spotify's Long-Term Prospects Outweigh Present Stock Valuation Concerns
Feb 28Spotify: Time To Lock In Gains For Now (Rating Downgrade)
Feb 14Spotify Q4 2023 Earnings Update
Feb 07Spotify: Music Streaming Remains A Competitive Nightmare
Jan 08Spotify's Headcount Reduction - A Strategic Reorientation
Dec 11Spotify: Optimism Is Returning
Dec 04Spotify: Adding To The Watchlist, But Not Buying
Nov 20Spotify: Focus On Profitability Makes Me Positive
Oct 31Spotify Q3 Earnings Preview: Fasten The Seat Belt
Oct 23Spotify Technology: Be Careful
Oct 06Ads, AI, And Spotify's Growth Prospects
Sep 29Spotify: Don't Lose Patience
Sep 07Spotify: Focus On User Growth
Aug 26Spotify Q2 2023 Earnings Update
Jul 26Spotify: Quietly Outperforming
Jun 26Spotify: I Will Buy After The Dip
Jun 08Spotify: The Closer I Look, The More Bullish I Become
May 25Spotify: Product Expansion Represents An Opportunity
Feb 21Spotify gains on report activist ValueAct has taken stake
Feb 10Spotify: Earnings Miss But Undervalued Intrinsically
Feb 02Spotify Q4 Preview: A Compelling Contrarian Bet
Jan 26Rowan Street Capital - Spotify: A Favorite Idea That's Extremely Mispriced
Jan 21Spotify's Future Financial Performance Is Too Much Of A Guessing Game
Jan 13Spotify: Making Profits On Thin Profit Margins
Dec 27Spotify: Likely On Track For A Tenfold Revenue Expansion By 2030
Dec 08Time To Take A Closer Look At Spotify
Nov 04Spotify GAAP EPS of -€0.99 misses by v0.15, revenue of €3.04B beats by €20M
Oct 25Spotify: Cathie Wood Almost Done Selling
Oct 13Spotify removes 11 original podcasts, lays off approximately 5% of staff: report
Oct 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€110m |
| Dec 31 2023 | €1m | n/a | -€532m |
| Sep 30 2023 | n/a | n/a | -€732m |
| Jun 30 2023 | n/a | n/a | -€963m |
| Mar 31 2023 | n/a | n/a | -€786m |
| Dec 31 2022 | €169k | n/a | -€430m |
| Sep 30 2022 | n/a | n/a | -€199m |
| Jun 30 2022 | n/a | n/a | -€31m |
| Mar 31 2022 | n/a | n/a | €74m |
| Dec 31 2021 | €92k | n/a | -€34m |
| Sep 30 2021 | n/a | n/a | -€120m |
| Jun 30 2021 | n/a | n/a | -€223m |
| Mar 31 2021 | n/a | n/a | -€559m |
| Dec 31 2020 | €401k | n/a | -€581m |
| Sep 30 2020 | n/a | n/a | -€665m |
| Jun 30 2020 | n/a | n/a | -€323m |
| Mar 31 2020 | n/a | n/a | -€43m |
| Dec 31 2019 | €300k | n/a | -€186m |
| Sep 30 2019 | n/a | n/a | €465m |
| Jun 30 2019 | n/a | n/a | €267m |
| Mar 31 2019 | n/a | n/a | -€51m |
| Dec 31 2018 | €2k | n/a | -€78m |
| Sep 30 2018 | n/a | n/a | -€1b |
| Jun 30 2018 | n/a | n/a | -€1b |
| Mar 31 2018 | n/a | n/a | -€1b |
| Dec 31 2017 | €1m | €367k | -€1b |
Compensation vs Market: Daniel's total compensation ($USD1.39M) is below average for companies of similar size in the US market ($USD13.50M).
Compensation vs Earnings: Daniel's compensation has increased whilst the company is unprofitable.
CEO
Daniel Ek (41 yo)
18.4yrs
Tenure
€1,296,792
Compensation
Mr. Daniel G. Ek is Co-Chairman of Helsing GmbH. He founded Spotify Limited in 2006 and serves as its Chief Executive Officer. Mr. Ek is Founder, Chief Executive Officer and Chairman of Spotify Technology...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.4yrs | €1.30m | 6.77% € 4.3b | |
| Chief Business Officer & Co-President | 1.3yrs | €11.55m | 0.021% € 13.2m | |
| Co-President | 1.3yrs | €13.29m | 0.0045% € 2.8m | |
| Co-Founder & Director | 18.4yrs | €404.86k | 10.83% € 6.8b | |
| Chief Public Affairs Officer | no data | €3.95m | 0.0058% € 3.6m | |
| Interim CFO and VP of Financial Planning & Analysis | no data | no data | no data | |
| Controller & Chief Accounting Officer | 4.8yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | 4.1yrs | no data | 0.0070% € 4.4m | |
| Chief Human Resources Officer | no data | no data | 0.023% € 14.8m | |
| Co-Head of Music | no data | no data | no data | |
| VP & Head of Marketplace | 7.3yrs | no data | no data |
4.8yrs
Average Tenure
46yo
Average Age
Experienced Management: SPOT's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 15.9yrs | €1.30m | 6.77% € 4.3b | |
| Co-Founder & Director | 15.9yrs | €404.86k | 10.83% € 6.8b | |
| Lead Independent Director | 9yrs | €380.59k | 0.028% € 17.4m | |
| Independent Director | 7yrs | €440.60k | 0.012% € 7.4m | |
| Independent Director | 7yrs | €404.86k | 0.025% € 15.9m | |
| Independent Director | 7yrs | €332.21k | 0.0034% € 2.2m | |
| Independent Director | 7.8yrs | €404.86k | 0.0068% € 4.3m | |
| Independent Director | 6.5yrs | €307.98k | 0.0032% € 2.0m | |
| Independent Director | 3.2yrs | €307.98k | no data | |
| Director | 4.4yrs | €565.26k | 0.19% € 121.8m |
7.0yrs
Average Tenure
57yo
Average Age
Experienced Board: SPOT's board of directors are considered experienced (7 years average tenure).